Prop Mgt Mastery Quiz

Prop Mgt Mastery Quiz

9th Grade

13 Qs

quiz-placeholder

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Prop Mgt Mastery Quiz

Prop Mgt Mastery Quiz

Assessment

Quiz

Life Skills

9th Grade

Practice Problem

Hard

Created by

Bridgette Freeman

Used 1+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does NARPM mean?

National Association of Real Estate Management

Non Association Realtor Property Alliance

National Association of Real Estate Property Managers

Non Alliance Resource Property Management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's needed to start a Property Management Company?

Vendor Agreements

Liability Insurance

Notify your broker, if affiliated with another company

Software platform

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are ways to market your property management company?

Offer a monthly special

Build relationships with real estate agents

Create a Landlord newsletter

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When sales decrease, the rental market increases.

False

True

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What should you request from vendors?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Name five profit centers

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can an unlicensed assistant do the following?

Prepare contract forms

Receive, record and deposit earnest money, security deposits, and advance rent

Both A & B

Niether A & B

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